dakota imaging Gains Distribution Rights to AIIM Best of Show Award Winner
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dakota Now Offers UNIX and Windows NT End-to-End Solutions
Tuesday June 30, 8:04 am Eastern Time
Company Press Release
COLUMBIA, Md.--(BUSINESS WIRE)--June 30, 1998--dakota imaging, inc., a leader in automated forms processing solutions for UNIX based production environments, announced today that the Company signed an exclusive distribution agreement with TiS, Top Image Systems Ltd. (NASDAQ:TISAF - news, TISWF - news). Under terms of the ground-breaking agreement, dakota has sole North American distribution rights to the TiS product AFPSPro. AFPSPro, an automatic forms processing system based on Windows NT, recently won the coveted Best of Show Award for AIIM 1998.
The agreement, estimated at approximately $6 million US dollars, will allow dakota imaging to offer a suite of automated forms processing solutions. daktoa's flagship product, Transform, with its robust UNIX platform will continue to be the leader in high-volume transaction processing. The TiS product will fulfill the industry's need for a leading edge Windows NT offering.
Mr. Sandeep Goel, President and CEO of dakota imaging, commented: ''With this agreement with TiS, dakota can now solidify its market leadership in the automated forms processing arena. Our high end customers want to use the power of UNIX server and Windows 95/NT client systems. Small to medium- sized businesses want automated data capture solutions based on Windows 95/NT servers. Now dakota is the only company that can offer both options. We are delighted to be partnering with TiS, a company with similar market, industry and high-quality products as dakota.''
Commenting on this significant step, President and CEO of TiS, Mr. Izhak Nakar, stated: ''We are teaming up with an ideal partner, in dakota imaging. dakota is leading the market for UNIX client-server solutions, complimenting our own NT solution, and has several years of firmly established distribution channels in the US and a customer base which is consistently growing. Combining our complimentary systems in one offer constitutes an incomparable leading edge, namely: the only full-suite of automated forms processing solutions available on the market today, which supports both UNIX and NT. We are very pleased by this new relationship, and are looking forward to the fruition of collaboration over the upcoming months.''
Committed to providing innovative, end-to-end business solutions, dakota imaging, inc. provides its customers with quality, ready-to-use business offerings for automated data capture and document processing. Since 1989, dakota has built a solid reputation for increasing data quality and reducing costs with such customers as Blue Cross Blue Shield companies, Guardian Life and the State of Ohio. Known for being a cutting edge organization, dakota has merged technologies such as expert systems into its products and offered its customers creative options such as remote processing, co-sourcing, outsourcing, and professional services.
To hear more about dakota's innovative strategy for transaction processing, please call us at (800) 833-3137, fax at (410) 381-3114, or visit the company's web site at www.dakotaimaging.com.
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